Pointing at the guy who tried to overthrow American democracy is also a little odd comparison but also he still gets benefit of the doubt coverage.
Idk maybe cover him like a fraud who stole billions of dollars from millions of people and belongs in jail. Not some downtrodden boy genius whose plan to save the world just happened to fail. But I’m just a crypto person who thinks criminals belong in jail and shouldn’t receive super favorable media coverage.
“The libertarian fever dream has broken and all the crypto bros need the government to help!” -the crypto community at large
The things you post or continue to make points about here are also odd, for perspective. You love staying in that lane though.
Like he bought hundreds of millions in property in the Bahamas for friends and family. Maybe investigate whether that was with customer funds (likely) instead of fawning over him.
This is the split in this thread. The people who ingest crypto media exclusively and those who have a much broader scope of interaction. I'm basically the normies lane.
You're one of the few people constantly posting "crypto media" exclusively ITT though.. always about the same topic too You were wrong about your opinion about regulation and you're off again here. But keep trying to be the smartest in the room, mini dbl
I understand you have brain damage/pickled your brain but you almost always have nonsensical conclusions.
Like the one about crypto at large wanting regulations? Classic response from you. Mirror mirror on the wall.
Every person who posts about crypto in here who I think is a reasonable person has posted about the need for regulations and often, even some of the unreasonable ones too.
So where are these "crypto bros at large" that agree with you? I still don't see them. I asked for help finding them earlier too. Weird pivot. Can you quote or tag the posters who agree with you about regulation? Maybe they can help you complete your thought.
I think you’re conflating the regulation that sfb and suits were trying to strong arm through with the “crypto community at large” and their stance on common sense regulation. Hth. Happy thanksgiving
I'm thankful that there are posters like Lyrtch and Dbl to teach me how crypto and NFTs work. Last week it was a scam. Now it's subject to regulations. Next week it will be about a similar topic but whatever article Lyrtch reads and copies over here.
The goal of the crypto community being bailouts. Lol wow not sure how I missed that one. Lyrtch maybe sit this one out. And maybe hold off on telling other posters they have brain damage when you're spouting shit like that.
If we want to talk about the crypto community being mad or upset... it's directly related to KYC and certain entities trying to regulate the space... Seems like Twitter represents the crypto space "at large" more than a few mainboard posters.
It's the logical end point of trying to get institutional adoption and tied into political institutions with regulations. Whether people are just useful idiots or not is irrelevant.
The logical (inevitable) end point is a convergence between some elements of crypto and trad fi. Why you chose to describe it how you did says a lot about your bias.
Crypto: let's end all central banking and the general banking industry forever. Separate money and state. Lyrtch: the logical end point of their goal is wanting bailouts. The fact you simultaneously argue that crypto wants to go back to a hard money standard and also wants bailouts from central banks/governments.....whooo boy that's something.
Yes because there was lots of discussions about this and bailouts when the collapse was happening. It's timing of this conversation related.
You bringing up bailouts on the last page was literally the first time I’ve ever seen it mentioned, like anywhere.
Lol. What exactly do you think all the crypto defi stuff is trying to supplant? This bailout point is legit one of the dumbest views you’ve had in here. And that’s saying something.
Defi just wants to recreate our current system we've been over this. It's speedrunning american capitalism and is in the 19th century, learning all the lessons along the way.
Also lol at you projecting this divide on media consumption. I read The NY Times, the Atlantic, watch msnbc, blah blah. Does this break your brain?
The definition of defi from google: uses emerging technology to remove third parties and centralized institutions from financial transactions. The components of DeFi are stablecoins, software, and hardware that enables the development of applications. The infrastructure for DeFi and its regulation are constantly evolving. How exactly is this just recreating our current system? Is DeFI like ACH 2.0 or something?
You watch MSNBC? Gross. But your reaction to credulous media coverage of folks like sbf doesn't make sense if this is true. Irrelevant in the grand scheme though
It’s almost definitionally anti-bailout lol. I’ve been in this space for nearly 6 years and never seen anyone remotely advocating for structure that ends in bailouts. Satoshi’s first block made reference to chancellor on the brink of bailout. It’s almost like the entire space is anti-bailout and the systems that lead to them. Who was the last Ponzi scheme guy who stole billions of dollars from millions of people? If media fawned all over him/her too, then I guess I just wasn’t paying attention. NYT having him speak next week is fucking gross. And these articles they’re pumping out on him and others like mashinsky and do kwon are also gross.
I've edited nearly every one of my posts today. It's a lot easier to post and edit from mobile than go through the "More Options". Poor Lyrtch desperate to get back on his feet See look. Edited. Let's overreact!!!